Tennant Company Stock Analysis
TNC Stock | USD 91.20 1.51 1.68% |
Tennant Company is undervalued with Real Value of 96.7 and Target Price of 103.33. The main objective of Tennant stock analysis is to determine its intrinsic value, which is an estimate of what Tennant Company is worth, separate from its market price. There are two main types of Tennant's stock analysis: fundamental analysis and technical analysis.
The Tennant stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Tennant's ongoing operational relationships across important fundamental and technical indicators.
Tennant |
Tennant Stock Analysis Notes
About 95.0% of the company shares are owned by institutional investors. The book value of Tennant was at this time reported as 34.29. The company has Price/Earnings To Growth (PEG) ratio of 2.01. Tennant Company recorded earning per share (EPS) of 5.67. The entity last dividend was issued on the 29th of November 2024. The firm had 2:1 split on the 26th of July 2006. Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota. Tennant operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 4250 people. To find out more about Tennant Company contact David Huml at 763 540 1200 or learn more at https://www.tennantco.com.Tennant Quarterly Total Revenue |
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Tennant Company Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Tennant's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Tennant Company or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Tennant Company generated a negative expected return over the last 90 days | |
Tennant Company has a strong financial position based on the latest SEC filings | |
Over 95.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Spotlighting November 2024s Undiscovered Gems in the United States |
Tennant Company Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tennant previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024 Upcoming Quarterly Report | View | |
26th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
22nd of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Tennant Largest EPS Surprises
Earnings surprises can significantly impact Tennant's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
1993-05-04 | 1993-03-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2005-05-02 | 2005-03-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2004-10-21 | 2004-09-30 | 0.14 | 0.16 | 0.02 | 14 |
Tennant Environmental, Social, and Governance (ESG) Scores
Tennant's ESG score is a quantitative measure that evaluates Tennant's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Tennant's operations that may have significant financial implications and affect Tennant's stock price as well as guide investors towards more socially responsible investments.
Tennant Stock Institutional Investors
Shares | Gamco Investors, Inc. Et Al | 2024-09-30 | 474.8 K | Geode Capital Management, Llc | 2024-09-30 | 436.9 K | Nuveen Asset Management, Llc | 2024-06-30 | 351 K | Charles Schwab Investment Management Inc | 2024-09-30 | 253.1 K | Assenagon Asset Management Sa | 2024-09-30 | 233.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 193.4 K | Northern Trust Corp | 2024-09-30 | 187 K | Prudential Financial Inc | 2024-09-30 | 183.6 K | Gabelli Funds Llc | 2024-09-30 | 170.4 K | Blackrock Inc | 2024-06-30 | 3.1 M | Vanguard Group Inc | 2024-09-30 | 2.4 M |
Tennant Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.69 B.Tennant Profitablity
The company has Net Profit Margin of 0.09 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.13 | 0.09 | |
Return On Capital Employed | 0.17 | 0.18 | |
Return On Assets | 0.10 | 0.08 | |
Return On Equity | 0.19 | 0.14 |
Management Efficiency
Tennant Company has Return on Asset of 0.0733 % which means that on every $100 spent on assets, it made $0.0733 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1809 %, implying that it generated $0.1809 on every 100 dollars invested. Tennant's management efficiency ratios could be used to measure how well Tennant manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.18, whereas Return On Tangible Assets are forecasted to decline to 0.09. At present, Tennant's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 73.7 M, whereas Intangible Assets are forecasted to decline to about 45.1 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 31.24 | 32.81 | |
Tangible Book Value Per Share | 17.71 | 18.60 | |
Enterprise Value Over EBITDA | 9.56 | 15.26 | |
Price Book Value Ratio | 2.97 | 2.30 | |
Enterprise Value Multiple | 9.56 | 15.26 | |
Price Fair Value | 2.97 | 2.30 | |
Enterprise Value | 1.8 B | 1.9 B |
Leadership effectiveness at Tennant Company is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0132 | Operating Margin 0.0969 | Profit Margin 0.0852 | Forward Dividend Yield 0.0132 | Beta 0.997 |
Technical Drivers
As of the 25th of November, Tennant has the Coefficient Of Variation of (5,196), variance of 3.54, and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tennant Company, as well as the relationship between them.Tennant Company Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tennant middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tennant Company. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Tennant Company Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tennant insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tennant's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tennant insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tennant Outstanding Bonds
Tennant issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tennant Company uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tennant bonds can be classified according to their maturity, which is the date when Tennant Company has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Tennant Predictive Daily Indicators
Tennant intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tennant stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tennant Corporate Filings
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 30th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 8th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 7th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
27th of June 2024 Other Reports | ViewVerify | |
F4 | 10th of June 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
30th of May 2024 Other Reports | ViewVerify |
Tennant Forecast Models
Tennant's time-series forecasting models are one of many Tennant's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tennant's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Tennant Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Tennant prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tennant shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Tennant. By using and applying Tennant Stock analysis, traders can create a robust methodology for identifying Tennant entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.10 | 0.08 | |
Operating Profit Margin | 0.11 | 0.08 | |
Net Profit Margin | 0.09 | 0.05 | |
Gross Profit Margin | 0.42 | 0.48 |
Current Tennant Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tennant analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Tennant analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
103.33 | Strong Buy | 2 | Odds |
Most Tennant analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tennant stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tennant Company, talking to its executives and customers, or listening to Tennant conference calls.
Tennant Stock Analysis Indicators
Tennant Company stock analysis indicators help investors evaluate how Tennant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Tennant shares will generate the highest return on investment. By understating and applying Tennant stock analysis, traders can identify Tennant position entry and exit signals to maximize returns.
Begin Period Cash Flow | 77.4 M | |
Long Term Debt | 193.7 M | |
Common Stock Shares Outstanding | 18.8 M | |
Total Stockholder Equity | 577 M | |
Tax Provision | 14.3 M | |
Quarterly Earnings Growth Y O Y | -0.099 | |
Property Plant And Equipment Net | 229.4 M | |
Cash And Short Term Investments | 117.1 M | |
Cash | 117.1 M | |
Accounts Payable | 111.4 M | |
Net Debt | 125.3 M | |
50 Day M A | 91.1426 | |
Total Current Liabilities | 273.7 M | |
Other Operating Expenses | 1.1 B | |
Non Current Assets Total | 544.3 M | |
Forward Price Earnings | 21.097 | |
Non Currrent Assets Other | 70.2 M | |
Stock Based Compensation | 11.6 M |
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When running Tennant's price analysis, check to measure Tennant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tennant is operating at the current time. Most of Tennant's value examination focuses on studying past and present price action to predict the probability of Tennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tennant's price. Additionally, you may evaluate how the addition of Tennant to your portfolios can decrease your overall portfolio volatility.
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